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Honda, Nissan aim to close merger talks in June next year

Honda, Nissan aim to close merger talks in June next year

FILE PHOTO: A Honda logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado//File Photo

Honda and Nissan are likely to unveil on Monday a pact to explore a merger by setting up a joint holding company, a person familiar with the matter told Reuters, with the aim of reaching a deal by June 2025.

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